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Specialist advice for private businesses and entrepreneurs
- Income tax advisory and compliance services
- Owner and family wealth planning
- International tax and estate consulting
- Family office services
- Family enterprise consulting
Prepare Respond Recover
Public authorities are taking decisive action to respond to the emerging health threat, leading the business community to reconsider the adequacy of their preparedness measures. This page brings together Global Deloitte insights to help businesses manage and mitigate the risk.
Private company issues and opportunities 2020: Family business edition
Why do few family businesses survive into the third and fourth generations? The culprit could be misalignment between the goals, wants, and needs of the business and individual family members. In order to solve this puzzle, we examined the common traits of family businesses around the globe.
In this report, articles from Deloitte practitioners who work with family businesses provide actionable insights on topics ranging from succession to social responsibility, preserving family capital to assessing the health of family businesses, and from innovation to the future of work.
Long-term goals, meet short-term drive
Bridging the chasm between long- and short-term priorities can be a challenge for many family businesses. Those that wish to hand down control to future generations need to address the disconnect. Family businesses tend to lean towards a long-term view that is rooted in shared values, vision, and culture.
However, even though many of them strive to maintain family control, family ownership, in itself, does not guarantee that a business will survive the decades. In the context of today’s rapidly and fundamentally changing business environment, simply having a long-term orientation is not enough. To thrive, family businesses also need to take relevant short-term action.
How can family business leaders achieve the right balance between the short and the long term – in the context of the unique family, marketplace, and sociocultural dynamics that characterise the family enterprise?
In this report, we provide a brief introduction to Kenya’s economic and business environment. We then feature the results of the Global Deloitte survey which explores – by tapping into the views of hundreds of family-owned companies across the world – how family-owned businesses can strike a balance between long- and short-term priorities, across four key areas: ownership, governance, succession, and strategy.
Our Deloitte Private specialists advise private companies and family businesses, as well as entrepreneurs and high net worth individuals. We help to address the unique challenges faced throughout the business lifecycle, and unlock potential for growth and innovation.
What makes us different
Using a holistic approach to you and your business, we strive to keep the personal ambition of business owners at the heart of everything we do. Our Deloitte Private teams provide a wide range of services for businesses with significant private ownership interests.
Who we help
- Large private companies
- Family businesses
- SMEs and fast-growing disruptor businesses
- High net worth individuals and family offices
Large private companies
Private companies face a range of challenges that affect not only the success of the business enterprise, but also the professional and personal goals of their owners. Whether you are driving growth through international expansion or M&A, or realising value through exit strategies or succession planning - we provide the advice, guidance and challenge when you need it most.
Family enterprises face specific challenges, such as dealing with the complex interplay of business and investment decisions, ownership issues and family relationships. Deloitte Private provides advice to families to help them navigate these challenges and organise themselves in a positive and constructive way.
SMEs and fast-growing disruptor businesses
With the rise of innovative start-ups transforming industries and the way we live, small entrepreneurial businesses can now become multi-million dollar businesses very quickly which can present both opportunities and risks. Our teams combine the technical expertise of our network of specialists with cutting edge technology solutions and so are uniquely placed to help support the distinctive growth challenges fast-growing businesses face at every stage of their business lifecycle.
High net worth individuals and family offices
High net worth individuals often have a broad range of concerns, which can be complicated by family demands, international issues, and other matters unique to each individual. Our multi-disciplinary private wealth & family office team has extensive experience in working with wealthy individuals, families and their family offices to achieve their objectives, implement their wealth strategies across the globe, and establish long-term structures fit for the future. We are often the first port of call when it comes to major decisions and transactions such as significant personal investments and succession planning to governance.
Family Enterprise Consulting Services
Helping families to navigate the challenges that arise when family and business collide.
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Bespoke accounting and analytics for ambitious start-ups and small businesses.